Ethereum Foundation: Sells 2000 ETH via Cowswap

Ethereum Foundation wallet 0x5CBC6299faB3320E7758ac97fd4CA45E5B722059 dumped another 1000 ETH through Cowswap just 16 hours after the prior sale, pushing cumulative volume since yesterday to 2000 ETH for $4.16 million at a $2080 average.

Price action on the 4h chart sits at $2052.45 inside the Bollinger band with upper resistance at $2288.03 and lower support at $1994.12. The structure remains bearish as price trades below both EMA50 at $2198.1 and EMA200 at $2363.2, while MACD prints a death cross at -52.52 and RSI at 30.91 shows neutral momentum; any bounce into the upper band will likely stall at the 50-EMA before fresh downside pressure resumes.